New markets for distributed energy explored

The Informer
Posted on: 22/08/2017

The Energy Networks Association (ENA) has launched a consultation to determine how best to create a smart electricity grid.

The trade body, which represents distribution and transmission companies, is studying how distributed energy technologies such as battery storage, solar panels and electric vehicles can be best connected to the grid.

The discussion paper considers five key factors that need to be addressed to ensure that distributed energy resources (DERs) can provide services to improve network coordination and reduce costs.

It looks at how the grid can maximise the use of DER assets, deliver access to markets, encourage new business models, and maximise the benefits of competition and third-party involvement.

Smart transition

David Smith, Chief Executive of the ENA, said: “The smart grid transition has the potential to create a whole new range of market opportunities for new technology and service providers, many of whom will be participating in the UK market place for the first time.

“Our energy networks increasingly need to access the latest technologies and services in order to ensure continued reliable and cost-effective electricity supply as part of a decarbonised system.

“This paper is about ensuring they have the access to those things, but also about how we can ensure that we make the most of the smart transition for those companies providing them.”